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Financial Aid
Student Services Building
fax: 423.585.6763

WS School Code



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A majority of Walters State students receive financial aid to help pay for college. A variety of resources are available from federal, state institutional and private sources including grants, scholarships and work study programs. One of the first steps in the financial aid process is filling out the Free Application for Federal Students Aid (FAFSA).

Have questions about financial aid? Click here to start learning more about the process and how it applies to you. Let's get started with Financial Aid 101.

Financial Aid News

2016 FAFSA Frenzy

The Financial Aid Office will be Hosting a FAFSA Frenzy on January 30, 2016 from 9am to 1pm in the R. Jack Fishman Library on the Morristown Campus. Staff will be available to assist students with questions as they complete the FAFSA. No appointment is necessary and everyone is welcome.

Incoming and Returning students must complete the 2016-2017 FAFSA by February 15th to be eligible to participate in the Tennessee Promise Scholarship Program.

2016-2017 FAFSA

The 2016-2017 FAFSA will be available January 1, 2016.

Walters State School Code is 008863

This application must be completed each year as it is required for all federal and state programs, including the Tennessee Lottery Scholarship and the Tennessee Promise.

If applying early prior to completing your 2015 federal tax return, you can complete the application using "estimated" income information. However, the application must be updated with accurate data after the tax return is filed.   

The Financial Aid priority deadline for the Fall 2016 term is June 30, 2016.

Learn about the steps for completing the Free Application for Federal Student Aid (FAFSA)
tutorial seven easy steps to the fafsa

Reminder the FAFSA is a free application!

Completing the FAFSA

Create Your FSA ID

The way you login to the FAFSA has changed! Your Federal Student Aid PIN is being replaced with an FSA ID. You and your parent, if you're a dependent student, must create a username and password as part of the new FSA ID process to access certain U.S. Department of Education websites. The FSA ID will be used to confirm your identity when you sign the FAFSA or other Federal Student Aid documents.

To avoid delays in processing your FAFSA, you should create a FSA ID now. For security reasons, you and your parent cannot use the same e-mail address when creating FSA IDs.

To learn more about the FSA ID click here.

Class of 2016
Tennessee Promise Students

Tennessee Promise LogoCongrats to all of the high school seniors who completed their Tennessee Promise Scholarship Application between August 17 and November 2, 2015! The Tennessee Promise Scholarship is a last dollar scholarship, meaning it will cover cost of tuition and mandatory fees only not covered by the Federal Pell Grant, Hope or state assistance awards. Completing your application was only the first step to qualify for this scholarship. Deadlines are important so make sure you are completing all of the items on the student checklist to maintain your eligibility to participate in this program.

Learn More About the Tennessee Promise

TN Promise Student Checklist

2016-2017 Walters State Scholarship Application

The Walters State Scholarship Application is now open. Apply Now. The deadline for submission is March 15, 2016. Late applications will not be accepted!

Apply for the Walters State Scholarship

Walters State Promise Guaranteed Scholarships

WS Promise LogoAt Walters State, we value the academic accomplishments of students from our area and are introducing a new scholarship program to help students achieve their educational goals. Walters State Promise Scholarships are guaranteed to students that meet certain academic criteria.

Senators Scholars – available to graduating seniors who have a minimum high school GPA of 3.7 and 24 National or State ACT score prior to the first day of class in the fall term.

Senators Scholars Dual Enrollment Award – supplemental award to former dual enrollment students who meet the Senators Scholars requirements and have at least 12 institutional earned hours of college credit at Walters State with a 3.0 college level GPA.

Senators Dual Enrollment Achievement Award – awarded to graduating seniors who have earned at least 12 institutional hours of college credit with a 3.0 college GPA as a Walters State dual enrollment student.

Senators Adult Learner Completion Award – awarded to adult students 25 years or older that have earned at least 40 college hours with a minimum 3.0 GPA that are within 15 credit hours of current degree completion.

Come by the Financial Aid Office for a detailed list of requirements to meet and maintain eligibility for these scholarships.

To Learn More About the Walters State Promise Click Here

Need Help Completing the FAFSA?

A local counselor from the Educational Opportunity Center (EOC) will be available to assist students with the FAFSA (Free Application for Federal Student Aid) on the Walters State Morristown Campus each Wednesday. There is no charge for this service. Please call 423-585-6811 to schedule your appointment now. The 2015-2016 FAFSA will be available starting January 1, 2015 and appointments will go quickly.

Click here for a list of documents to complete your FAFSA.

Click here for a list of dates and times service is available on the Morristown Campus.

EOC counselors are available to assist students with FAFSA in our entire service area. Click here to learn more.

Fall 2016 Priority Deadline

The priority deadline for Fall 2016 is June 30, 2016. In order to have aid packaged by fee payment deadlines, the FAFSA must be filed and all verifications documents submitted to our office by this date. Be proactive by submitting all required documents and checking your StarNET account frequently. Students that fail to meet the financial aid priority deadline should make other arrangements to pay fees. Failure to pay fees by the appropriate deadline may result in a student schedule being deleted.

IRS Tax Return Transcripts

The IRS has currently suspended the option to request an online transcript in real time. However, you may request a copy of your IRS Tax Return Transcript by mail through the IRS website.

To use the get transcript option you will need the following information:

  • Social security number
  • date of birth
  • address on your tax return

Please allow 5-10 days to receive your transcript.

Click here to learn about other options for providing your tax information to the Financial Aid Office.

Financial Aid Census Date Spring 2016
February 1st or 14th day of the full term

The Financial Aid census Date for the Spring 2016 term is February 1st or the 14th day of the full term. As a result, if your enrollment status changes due to adding or dropping of courses thru this date awards will be adjusted accordingly. However, keep in mind that the last day to add courses is January 22nd. Students are strongly encouraged to always check with the Financial Aid office prior to adjusting their schedule. Review the examples below to see how this change may impact your award:

Example A

Student A is enrolled in 9 credit hours and receiving a Pell grant in the amount of $2166 based on eligibility and current enrollment status as of January 17th.

On January 21st the student decides to add a 3 credit hour course which will increase the students enrollment status from 9 hours (three quarter time) to 12 hours (full time).

The student award would increase from $2166 to $2888.

Example B

Student B is enrolled in 12 credit hours and receiving a Pell grant in the amount of $2888 based on eligibility and current enrollment status as of January 17th.

The student has attended all courses registered for but on February 1st the student decides to drop two courses, or 6 credit hours, which will reduce the students enrollment status from 12 credit hours (full time) to 6 credit hours (half time).

The student award would decrease from $2888 to $1444.

Please note that changes in enrollment status may result in a cancellation of funds initially applied to the account, repayment of tuition and fees and may also impact your future eligibility. Please come by or call the financial aid office if you have questions.

Books and Supplies

The college does offer a provision to allow students an opportunity to purchase books and supplies. Click here for more detailed information, including updates on when all balance of aid funds will be released.

Federal Pell Grant Lifetime Eligibility

The amount of Federal Pell Grant Funds a student may receive over his or her lifetime is limited by a new federal law to be equivalent of six years (600%) of Pell Grant Funding or receipt of a Bachelor's degree whichever is sooner. A student whose Lifetime Eligibility Used (LEU) is equal or exceeds 600% is no longer eligible to receive Pell funding.

The Department of Education keeps track of your LEU by adding together the percentages of your Pell Grant scheduled awards that you received for each award year. The calculation of the duration of a student's eligibility will include all years of the student's receipt of Federal Pell Grant funding. This change in the duration of students' Federal Pell Grant eligibility is not limited only to students who received their first Federal Pell Grant on or after the 2008-2009 award year, as the HEA previously provided when the duration of eligibility was 18 semesters.

The purpose of the Financial Aid Office at Walters State Community College is to provide access to higher education for all students by providing comprehensive financial assistance through quality service and timely processing of aid for all eligible students.